Industry Vet Named COO

Green River Capital LLC (GRC), a provider of REO asset management and loss mitigation services for mortgage servicers, investment firms and banking institutions, announced today that Katie Brewer has joined the company as chief operating officer. In this position, she will be responsible for managing all of GRC’s day-to-day operations and will report to Tim Reilly, president of GRC.

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Brewer has had more than a decade of experience in the default servicing industry. Most recently, she was vice president of Collateral Based Solutions at Ocwen Loan Servicing, where she led a team consisting of more than 350 associates across multiple sites in both the U.S. and India. Brewer began her career at GMAC ResCap, where she held various positions, starting as a loss mitigation specialist and eventually becoming vice president of liquidations.

“GRC was formed in 2003 to provide REO asset management services. With our expansion, REO today represents only a third of our growing business,” said Reilly. “Katie’s experience in loss mitigation, regulatory compliance, REO management and corporate strategizing will help us continue to expand and improve our offerings. I am excited to have her join our team as we evolve our company and drive toward future opportunities.”

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Salt Lake City, Utah-based Green River Capital (GRC) is a real estate company, providing a variety of REO asset management, valuation, collateral review and property management services. GRC also offers surveillance programs and supports investors’ single family rental strategies with pre- and post-acquisition services. GRC uses proprietary technology and a nationwide network of attorneys, brokers, appraisers, contractors and title professionals to deliver scalable, customized solutions. GRC is wholly owned by Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN).